Citigroup launches RMBS

Rambus (NASDAQ:RMBS) is launching a $100M accelerated buyback (ASR) with Citi. The company will receive an initial delivery of 7.8M shares (over 6% of outstanding shares, current value of $80M).

Now it is branching out into the active RMBS market for non-qualified originations. According to a presale report, Citigroup Global Markets Realty Corp. is sponsoring a $362 million securitization of recently originated non-QM loans acquired from Impac Mortgage Corp., one of the early adopters of post-crisis non-qualified mortgage originations.

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Citigroup Inc. on Monday said it has agreed to a $7 billion settlement with the U.S. Department of Justice to resolve a federal probe into the bank’s loan securitizations in the runup to the.

Colorado AG indicts family for mortgage-fraud scheme A San Diego gang member who federal authorities said was the leader of a massive mortgage fraud scam pleaded guilty Friday to participating. on more than 100 properties in San Diego County. The.

Citigroup reportedly is in the pre-marketing phase of its second collateralized loan obligation this year. Go to Asia edition. Free trial. Log in. All Categories All categories Close menu.

an inaugural RMBS transaction backed by a portfolio of UK prime buy-to-let mortgage loans. BNP Paribas, Citi and HSBC acted as Joint Lead Managers. The news comes shortly after LendInvest raised £200.

GlobalCapital is pleased to present the nominees for the annual US ABS awards, recognizing excellence across the structured finance industry. The awards will be presented at a dinner in New York on May 30. Voters do not need to be subscribers to GlobalCapital. To ensure that the awards are an accurate reflection of the market,

Citigroup Mortgage Loan Trust 2014-A is backed by 1,164 loans with a principal balance of nearly $379 million. The loans are from the now-defunct Citigroup Mortgage Securities and originated in.

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It is expected that PTSB will launch the so-called residential mortgage-backed securitisation (RMBS) as soon as September. A spokesman for PTSB declined to comment, while no comment was available from.

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The overall balance of outstanding loans in RMBS mortgage pools managed to slip below $1 trillion in the fourth quarter for the first time since 2004. From the start of 2012 to the beginning of the fourth quarter, national home prices have risen by about 5 percent, with California seeing a more than 7 percent increase, according to Fitch.

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Citigroup launches RMBS Citigroup ( C ) is releasing details of its second residential mortgage backed securitization since the housing recovery began. Citigroup Mortgage Loan Trust 2014-A is backed by 1,164 loans with a principal balance of nearly $379 million.